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In personal finance, one makes decisions based on needs vs. wants. What is considered a need?

something one would like to have
something ones does not budget for
something one can afford
something one cannot live without

Respuesta :

Answer:

something you cannot live without

Explanation:

In personal finance, one makes decisions based on needs and wants, need considered as something one cannot live without.

What do you suggest via way of means of need?

A need is dissatisfaction at a specific point in time and in a specific context are outstanding. In the case of a need, a deficiency causes a clean unfavorable outcome: a disorder or death.

In other words, a need is something required for a safe, solid and healthy life (e.g. air, water, meals, land, shelter), even as a need is a desire, want or aspiration.

When wishes or needs are sponsored via means of shopping power, they've the ability to grow to be monetary demands. Basic needs, such as air, water, food, are essential for an organism's survival.

Needs can be objective and physical, such as the desire for food, or psychological and subjective, such as the desire for self-esteem.

His idea proposed that humans have a hierarchy of mental wishes, which vary from simple physiological or decreased order wishes such as meals, water, and safety through to better ordered wishes such as self-actualization.

Therefore, from the above assertions, it's clear that alternative D, which is something one cannot stay without, is the precise alternative.

Learn more about Need, refer to:

brainly.com/question/16465518

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